Rxm @rohitxm
Blah, blah...something deep & profound yet cliched. Largely here for financial markets ever since I gave up bloomberg . This is my less snarky account. Fort Area, Mumbai Joined February 2013-
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If Trump is thinking that he can coerce Modi Govt by punishing Indians via tariff and H1-B, he is in for a big surprise. He has no idea how little Modi cares about suffering of Indians.
The government has issued sweeping takedown notices to journalists, media houses and creators — including Ravish Kumar, Dhruv Rathee, Newslaundry, The Wire, HW News and Aakash Banerjee’s The Deshbhakt. The directive cites a Delhi court’s gag order in a defamation case filed by…
This piece succintly explains how India's GDP data is inflated by various erroneous assumptions. The question is why all the errors only inflate the GDP, and never bring it down. Has to be some coincidence.
Calling Indian capitalists "wealth/jobs creators" is absurd. Coddled with high tariffs, low corporate taxes, cuts in regulations. Still have underinvested for a decade. Racked up lakhs of crores of NPAs, leaving govt to recapitalize banks & to drive growth through its expenditure
India and GDP forecasts for 2047 Govt Ministers and priominent businessmen are going crazy about predicting India's growth story. here is a small thread about how stupid its all becoming. 1. 10 months ago, @PiyushGoyal said that by 2047, India's GDP would be 40 Trillion USD
There've been terrorist attacks before and after 26/11. Have you ever, ever seen a CM of a neighbouring state addressing a press conference from Ground Zero?? Eh @MrSinha_, let us know. Will be waiting. +
There've been terrorist attacks before and after 26/11. Have you ever, ever seen a CM of a neighbouring state addressing a press conference from Ground Zero?? Eh @MrSinha_, let us know. Will be waiting. + https://t.co/M0JoOz6gxB
Here's a thought experiment - if a thousand hedge funds with $10-100m under management suddenly fell victim to a cyber attack, and it turned out that none of them had employed a CTO or used widely available firewall software, what would we say?
@LiveLawIndia @plumbermushi wonder if other citizens can get this and how
9.1% ... Everything is getting more expensive, only the excuses are getting cheaper.
Good inflation hedge is to have a job. Better inflation hedge is to have a job with inflation linked pay Best inflation hedge is to work for the European Parliament with inflation linked pay, large inflation linked pensions and near 0 chance of being fired politico.eu/article/eu-dip…
@TicTocTick He couldn't take the chance of having NATO arms bordering Russia and it was becoming a Real possibility. Great leadership would have seen this coming and would have taken counter measures but you guys don't have great leadership
While everyone is busy rehashing bullshit propaganda about Russian military ineptness to feel good about life, here are the hard facts. Putin’s army just annihilated Mariupol. You might not have heard about it or passingly. 1/3
John Mearsheimer comes off as exceptionally reasonable here. newyorker.com/news/q-and-a/w…
Thanks to Pagli (#BankNifty), Pagla (#NiftyIT) & Bakchod (#Nifty50) for supporting me in giving the correct signal for crash from Top to Bottom exact & Reverse from the Bottom exact. Guys enjoy Bulls till 18000 or 18180. I know that you don't need me in any Bullish Trend.
विरोध-प्रदर्शन का नया तरीका। जिसने भी ये दिमाग लगाया है, गजब है!!!
Petrol and Diesel Prices are High Due to Lower Corporate Taxes, Not Because of Oil Bonds. Sharing again given that WhatsApp forwards blaming repayment of oil bonds leading to high fuel prices, have made their way into the mainstream media. vivekkaul.com/2021/06/17/pet….
@greg_ip Agree! For markets, the narrative that this is a supply shock we should look through is a bit simplistic. Reality is that we've never seen globalized supply bottlenecks of this magnitude before. And there's clear signs of them feeding into higher mark-ups by firms on prices...
Two key data points recently: (i) much-weaker-than-expected payrolls; (ii) much-higher-than-expected inflation. Of these two data points, it's more likely that payrolls is wrong since we know the economy is reopening and lots of firms are hiring. We're booming, not stagflating...

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